Take-Two Q3 Financial Report: Red Dead Redemption Sells 8 Million

Take-Two has reported its financial results for the third quarter that ended December 31, 2010, posting net revenues of $334.3 million and profit of $40.9 million.

During the same period a year earlier, revenues were higher at $360.4 million, but profit was lower at $37.9 million.

In its financial highlights, the company cited eight million Red Dead Redemption units sold-in to retail since its May 2010 launch, and four million copies of NBA 2K11 shipped.

Take-Two CEO Strauss Zelnick said: “Strong holiday sales enabled Take-Two to continue to deliver better-than-expected revenue and earnings in the third quarter.

“Our results year-to-date clearly demonstrate the Company’s ability to translate its world-class creative resources and diverse portfolio of triple-A franchises into meaningful profits.”

He added: “Looking ahead to the balance of the year and fiscal 2012, I have never been more enthusiastic about our diverse line-up of upcoming releases.

“From unique, groundbreaking new titles such as L.A. Noire, to the long anticipated return of Duke Nukem, the interactive entertainment industry’s most irreverent hero, we will deliver a broad array of entertainment experiences that promise to delight audiences around the world.”

Below is the list of current games slate for Take-Two:

==Top Spin 4 – Xbox 360, PS3, Wii – March 15, 2011
==Carnival Games: Monkey See, Monkey Do – Kinect for Xbox 360 – April 2011
==Duke Nukem Forever – Xbox 360, PS3, PC – May 3, 2011
==L.A. Noire – Xbox 360, PS3 – May 17, 2011
==The Darkness II – Xbox 360, PS3, PC – Fall 2011
==Spec Ops: The Line – Xbox 360, PS3, PC – Fiscal Year 2012
==XCOM – Xbox 360, PC – Fiscal Year 2012
==BioShock Infinite – Xbox 360, PS3, PC – Calendar Year 2012

Via CVG